How do you get a month ahead and allocate more to pay off more on your loans?
I've recently finished budgeting for January by the end of December. I want to pay more off on my loans but I'm not sure how to budget extra to my loans while staying ahead for my budgeting for February. Anyone got any tips for figuring out what I can add to my loans while budgeting for the next month?
Queue up all your January checks in a holding category until the end of the month. Then budget all of Feb., including a budget entry to increase your loan payments. The only constraint is that TBB does not go negative. Things that are less important to you than debt reduction necessarily should receive less funding.